Today in the News: Facebook pays $19B for messaging service

Thursday

Feb 20, 2014 at 8:00 PM

Hot video: Facebook bets big that chat is future of mobile

Facebook is placing a $19 billion bet on reaching its next billion mobile users with the acquisition of WhatsApp, a popular messaging service that lets people send texts, photos and videos on their smartphones.

News to know

The U.S. women's hockey team lost in a stunner to Canada in the gold medal game. The U.S. was up 2-0 with a little more than three minutes left in the game when Canada scored two goals in regulation, and added the winning goal in overtime.

Quote of note

"I clutched my camera and ran down the stairs. Little did I know then that I was about to see even more misery in what would turn out to be the worst day I've seen since arriving in Kiev." - CNN cameraman Todd Baxter, talking about the violence in Ukraine.